Odaily News Chain game studio Farcana released a security incident update on X: "For the past three weeks, Farcana has been working with major market makers to gradually increase liquidity. This morning, we learned that one of the market makers may have been attacked, which resulted in a loan we provided to it being sold in the market. We quickly contacted exchanges and other market makers to restrict related activities. As of press time, on-chain indicators show that the market value of the balance of tokens still on sale is between $60,000 and $80,000. We are working with appropriate counterparties to resolve this issue as it has already caused an adverse reaction in the market. It is hereby clarified that Farcana has not been hacked, our wallets have not been stolen, and the FAR smart contract has not been attacked in any way. The hacker's actions against third parties have led to the spread of misinformation and amplified the market impact. We will continue to provide further information updates in the future." CoinGecko data shows that FAR fell 47% in 24 hours, temporarily reporting $0.01972.